Retained earnings are a company's cumulative earnings since it began the business, minus any shareholder dividends that were issued. This figure represents stockholder equity that can be used for ...
Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. As the name implies, a balance sheet should reveal ...
A balance sheet is a financial document that presents the financial status of a business through an accounting of a company’s assets, liabilities, and equity. A balance sheet, when looked at with a ...
Retained earnings are profits that are earned by a company but are not distributed out to shareholders as dividends payments. Retained earnings can be used to fund operations, for large capital ...
A classified balance sheet shows its three main sections -- assets, liabilities and stockholders' equity -- as subcategories to aid financial statement users in identifying different types of items.